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<br /> ' pedod�tAat I.enOe►Rquliea, 79�a irourenoe wrtfabrovlding tAe Msuranoa�hnll be chosen by BarroWlf nN�ec��ol.enAerti
<br /> . , approvel which�hnU not be unrwionably wlihheid f(Bocrower fefia�o melaaln covemge dou+ibed above,lender may,et
<br /> . I.endcrlopiort,oDtalncov _ etoprokctl.endul�ig7isln�hePmpeM1yin�000tOuioowl�6 pangraph7. _ --- - -
<br /> A116u�uanca polkfea�rcnewele ehdl6o aasINel�te to Lender end�Aill inetudv u�tOnCert1 mongago claow. Lender
<br /> , tlwlt have iha right to twld�ho pollclw and renewaU. if l.tMer rtyulrea.aoimwa ch�t1 promptb glve to Lender ell haipW
<br /> __�, ot palA prcmfum�end rcnowal noNaa� In�ho event of(as�,Bo�wer aheii stva prompt nottce�o tl�o insuraace cartim ond _ _
<br /> I.ender. l.endermay maka praof of los�Itnot mede promp�ly Ey Bortower.
<br /> Unlw Lcnder end Bortowor othxrwlao ngree in welting,tnauranoe orooxdi�hdl be epplied to rc�oretion or rcpaU of
<br /> -- �_-_ �� thc Proxny drmeged,V the testomtlon or ro alr la aenomlol�ly kesiDle end LenAarl�ecudty I� not lcsuned, (t the
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<br /> rcstomdon m rcp�ir is not eoonomlcally kasl !e or l.enduti eavrity watd be Ietuned,the Insuranco prooeed�ehail be
<br /> __ �pplled ro iho�ume ucured by thla 3audty InswmenG�'�he[ha pr not�hen due,�vlth eny oxces�pdd ro Borto�ver. It
<br /> Barowu ebandoro the Propeny,w daea not answer within 30 d�a a notloo trom[.ender thet the Insurance w�ier haa
<br /> ottered co cettlo s olNm,then Lenda may collect the Inaururoo prowWs. Lendu mry use ihe ptoaed�ro rcpdr or matoro
<br /> -� � e6e Propeny or to pay�um�securcd by thl�3ecur�ty Inswment,�vAaher or not Q�en dna. 'fbe 36day pedod wlil begin when
<br /> .-_----- the notica b g[ven.
<br /> - -° Un1es�Lender and Bortower othe.iv{ae agra N writing,eny eppllce�on ot p�oceede�o princlpal�hell noe extcnd or
<br /> --�''- pwtpone the due date ot tha montNy paymenta rekrted to in peragraphs 1 u�d 2 or change�he unount ot�he paymenu. It
<br />_°":?`�� under pamgraph 2l ttw Propeny b eoqulced by Lendef.Bortowef!dght lo eny Inwrance policlea and proceed�resulting
<br /> --- —� trom damago ro the Rnpeny pdor ro the ecquiaition ahall pau to Lender to�he exient of ihe sums secured by 01a Saudry -.
<br /> '`u'�"�� Insm�mentlmmediately pdorrotheecqaisidon. -'-..
<br /> '�'�� 6. Occupancy, Prtservatton, Malntenanca and Protalion ot ihe PropertYl Borrower's Loan Applicattonj -�
<br />.,�w_�:�.� Leasehold+. Bortowershailoccu —
<br />_ .: .rs�,�, py,uublish,and um�he Propeny m DortoxerY pdncip�I rcsidence within dxty day�afler _
<br /> !_;:�� tta exautbn of Nie Saudry Inaaumrnt end ehall cominua ro oaupy the Propo�u Bortowerk pdncipal residence for et _--
<br /> ��7-ti� leut one year efter �he dete of oocupu�cy� unleas Lender o�herwisa �yeas m wri�ing, which consmt �M1all not be --`°�-
<br /> _„ y��, unrcaaonably withheld,or uniesa extenueting circuma�enas exiat which ara 6eyond Bolrowerh wntrol. Bortower ehdl not �"_'�-
<br /> x�,;r �� datroy,damage or Impair�he Propeny,ellow tla Propeny to dett�iororo,orcommit was�e on the Propeny. Bortowcr aAnll F,;:;_,_
<br /> be in defeult if any fodeiture�ctlon or procading,whuher eivil or crim(nal,is begw�haz in Lender�good fe(ih judgment �, .sti>-�
<br /> +e' � ,1� eould ruult tn todaicurc of the Propeny or otherwise matedally impeir tla lien ereated by thin Security Inslrument or - _-- �
<br /> � 'r�, Lender4�eeudry interest Bortower may eurc wch a detault�nd rcinstote,u provided in paragreph 18,by ceusing the ecdon ,�_�!�T,;.
<br />:��:,y�;y,.: or proceeding to be dismixsed w(th a mling�Aat,in I.enderh good talth determtnallon,prccludaa forkiture of the BortowerL 5;'-'
<br />'�.'�s�;;:' inrcrcst in the Propeny or other mntedel impairment of tAe Iien crcated by thia Secudty Inatrument or LenderY secudry .;,`.'t:s:
<br /> ��,s t1�i, intercat. Bortower ehall eleo be in default if Bortower, dwing �he loan epplice�ion procw, gnve matedally felaa or ;� ;v�':__
<br /> �*- -�!S ineccurete informa8on or:tatemenu ro I.ender(or feiled ro provide Lender wBh any matedal Infom�ation)in connation whh -�tc^,.-
<br /> a`� ' �' the loan evidenad by the Note, (ncluding,but not Itmited ro, rcprcsenu0ona wnceming BortowerL occupancy of tAe ,�tn °._--
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<br /> ��xy71�r�r Property n a principql�idence. if�hb Saudty Inmument is on a leasahold,Bortower ahill comply with all the provisioro �;; -_
<br /> :c__ of�he Imx. If 6orroaer�cquircs fu�itle to Ihe Property,the leexhold and the fee title shtll not merge unless I.ender egrces } -�ax_ ._
<br /> ,c ��,r- to the mergcr in writing. ���(((f�x'i
<br /> t� y1 : 7. Protection ot Lender'e Righte in the Property. If 6ortower t�ils to perfo�m the mvenem� and egeememe �rx 3:, .
<br /> d tK+` - contained in this Secudty Ins�rument,or�here ia a legal proceed(ng thet may si6m8canqy afkct LenderS dgh6 In �he t 5 n =�
<br /> ::���r}�,+,� Property(wch e+a praeeding In bankmptry,proba�e,for eondemnedon or fodeiturc or ro enforce lawa or regul�tlons),ihen ��; ;;f, ,.-�
<br /> _�� Lender may do end pey for wheterer la neassary ro protect the value of the('ropetty and Lendcr]righu in�he Propeny. '� - �
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<br /> .A.`.•.°.,S'i I.enderk actions mey include paying any aums secured by a ilen which ha+priority wer�his Securi�y Instrument,appearing ,���,��.�y r
<br /> ' -y�-tiF,", in coun,paying reasonable e�romeyPfas and entering on�he Propeny �o make rcp�irs.Alihough I.ender mey uke action 1- ����;�t�.,-
<br /> �'7`�'`�' under�his paragroph 7.Lcnderdaea not have ro do w. --�,�1^ .
<br /> NS��*�-7f; Any amounu disburxcd by Lender under�hia peregnph 7 shell becomt additional debt of Borro�ver mcurcA by this k _-.��.� �
<br /> t r+?� i Saurity Instrumem. Unleaa Bortowerand Lenderegrce to othcr termaof p�yment.�heu amaunu:hall hear intercct Bom ihe xz:;,� }L �--
<br /> 1 x.- `,�� daie of disburaement at�he Note rnre and shell be payable,wi�h in�ercst,upon notitt from l.ender ro Bortower rcquesting ' �-
<br /> ..t.�,`�i.$ir paym8nt.Mo�t e e �i-i_� �.c;,:
<br /> r � i _ g g Insurance. I(Lender rcquired mortgage insurance es�condition of making�he loan aecurcd by thia ��J�t,i+ '"'�
<br /> � .e�,.ti* SauA�y Inswmem. Bortower ahall pay the prcmiume rcqmrtd to maintnin the mortgage insurvnce tn effect. ff, for eny }„ �^ii
<br /> �`�:;�F„�C�` rcxion, �he mongege Nsurence cove�e;e requircd by Lender Iepua or«ases ro be in etket. Bormwer shall pey �he nz'�.,-n�:�=�
<br /> ��f���'4:, prcmiums rcquircd to obtein wverege subsmntielly equivalcnt ro the mon6nge insumntt prcviousty in effa6 nt e eost ��X.r,l M1 i =_
<br /> � ,,� substaneially equivaleN ro�he cost m Bortower o!the mortgage insurence prcvfously in efkc6 from an eltemate mongage � T� �
<br /> � U<< f{� Insurer approved by Lendec If aubsiamially equivelent mongnge insurence mvem6e is no�availeble.Bortower chxl I pay ro �`si;l..V�
<br /> . .z- Lender weh month a sum equal to one•twcl�h ot thc yeady mortaagc insmance prcmium Ming paid by Bortower when the , i,- �,,.:�,�:'-
<br /> s ti r� insurance wvenge lupsed or ceaud�o be in efkct. Lender wiil ucccpt,ux and rc�ain�hex paymenta as a loss rcurvc in lieu ---1'�'! ,-
<br /> w,-_;� of mongage insurance. Loss reserve paymems may no longer be rcquired,at the oqion o(Lender,if mongege insurence ' t�r,� �-,
<br />�;_��.._�,;r< mvcrnge(in the amount end for the period thnt Lender rcquires)provided byan insurcr approved by LeMer ngain bccoma t:;t�'.-�.^sv4--
<br /> -: t�' xvailuble and is obtained.Dortower shali pay the premiums rcquircd to maimvn mongage insurnnce in effcet,or to provide a ,�.�:�Y -_�
<br /> .'4;y�t.;•t;, los+reserve,un�il�he rcyuircmem(or mongage insuwnce ends in accordance�vith any wmten agreement benveen Borrower �......:::::::.:•
<br /> �F- -:t and Lcnder or applicnble law. � i i:,z�:::
<br /> .,pu -'� 9. Inapatlon. Lendcr or its ngeN may makc rcasoncble entries upon nnJ irspections ot�he Pmperty. Lcnder shall - - r :�
<br />;:ty::,-j;1:: ::.,.i:;:✓;`: .
<br /> „_,y.r,..., give Bortower mtice at�he time of or prior to an inspection specifying rcawnable caux for�he inspection. �
<br />`�°-7?t�:�-�11: 10. Condemnatinn. The proceeds o(any award or clnim for dnma�a.direcl nreon�equeminl.in rnnnea�irn wnh any I��-.+�:_`�'.--
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